Want to learn more about Hope & Opportunity?

What is Hope & Opportunity?

The Winston-Salem College Guarantee program, or “Hope & Opportunity”, is a last-dollar grant that will combine with financial aid packages to cover tuition, fees, extra course and lab fees, textbooks, and other course materials for eligible students.

Graph Detailing how the "Last Dollar" Grant works - details can also be found below
  1. A student is eligible for Hope & Opportunity, but their financial aid (federal student aid and scholarships, if any) is enough to cover their tuition, fees, course & lab fees, textbooks, and other course materials. They will not use Hope & Opportunity to cover these costs, but can still contact FTCares if they require assistance with transportation and/or childcare.
  2. A student is eligible for Hope & Opportunity, but their financial aid (federal student aid and scholarships, if any) is not enough to cover their tuition, fees, course & lab fees, textbooks, and other course materials. Hope & Opportunity will supplement financial aid to cover these costs and this student can still contact FTCares if they require assistance with transportation and/or childcare.
  3. A student is eligible for Hope & Opportunity, but they are not eligible for financial aid (federal student aid and scholarships). Hope & Opportunity will then cover their tuition, fees, course & lab fees, textbooks, and other course materials and this student can still contact FTCares if they require assistance with transportation and/or childcare.
  • How Do Students Qualify for Hope & Opportunity?
    • Students must graduate high school in 2020, 2021, or 2022
    • Students must graduate from a high school licensed to operate in Forsyth County
    • Students must submit a FAFSA and have an EFC (Expected Family Contribution) of $9,000 or less
    • Students must enroll full-time in a curriculum program or an EWD program that is currently eligible to receive scholarships and grants.
  • What does Hope and Opportunity Cover?
    • Tuition, fees, extra course and lab fees, textbooks, and other course materials.
      • Students can also apply for emergency funds such as but not exclusive to childcare and transportation needs which the college will try to fund using Hope & Opportunity or other available resources to cover these emergencies.
  • What Do Students Have to Do to Apply for Hope & Opportunity?
    • Students must apply to Forsyth Tech, completing both the Residency Determination and the CFNC application to Forsyth Tech
    • Students must complete the FASFA and complete any additional financial aid paperwork
    • Students must complete both application and financial aid paperwork by priority deadline of July 15, 2020
  • How Does A Student Maintain Eligibility for Hope & Opportunity?
    • Students must be enrolled full-time
      • Full-time will be defined as 12 credits for Fall and Spring semesters
      • Students are not required to take courses in the summer but, if they do, for the purposes of Hope & Opportunity, full-time will be defined as 6 credits in the summer.
      • Reduced Course Load Exception: If a student is in the final semester of their program and the number of credits required to complete a student’s course of study is less than full-time, Hope & Opportunity will still cover the number of credits necessary to complete the program.
      • Reduced Course Load Exception: If a student is completing transitional coursework, Hope & Opportunity will cover these transitional courses.
    • Students must complete all transitional coursework in their first year, including co-requisites
    • Students must maintain Satisfactory Academic Progress as defined by the Financial Aid Office
      • Students must have maintained a 2.0 GPA by the end of the first year and must maintain it each semester thereafter.
      • If a student’s GPA falls below the 2.0 limit, the student can qualify for Hope & Opportunity once they have achieved the 2.0 GPA again, paying for the intervening semester(s) with financial aid (if eligible), other emergency funds (if eligible), or out of pocket (if ineligible for any other source of funding).
      • If students who do not meet SAP submit appeals to Financial Aid and their appeals are granted, reinstating their financial aid, Hope & Opportunity funding will also be re-instated.
    • Students must graduate within three (3) academic years of their high school graduation.
      • If a student interrupts their continued enrollment after being awarded the Hope & Opportunity Scholarship, Forsyth Tech will continue funding the student but only for the duration of their original cohort’s funding, that is to say, for a maximum of three (3) years after the student’s original graduation.
      • If a student graduates in one of the years that are eligible for funding (‘20, ‘21, or ‘22) but does not enroll at Forsyth Tech immediately upon graduation, the student can return at a later semester to enroll and still take advantage of Hope & Opportunity. However, Hope & Opportunity would only fund the student as long as the student’s original cohort was funded, or, for three (3) years after the student’s original high school graduation.
    • Students must take only courses which fall within a student’s program of study
  • How Will Students Be Notified of Their Eligibility?
    • The Financial Aid Office will award the scholarship in conjunction with the Foundation
    • An award letter detailing how much the student qualified for and how much financial aid covered will be issued by the Executive Director of Enrollment Services
    • Students will be marked in EAB Navigate as Hope & Opportunity students, allowing the college to produce targeted messaging to them as a cohort.
  • What Is A Last-Dollar Grant?
    • A last-dollar grant, such as Hope & Opportunity, is a grant that helps eligible students cover expenses that are not otherwise covered by a student’s financial aid award package.
      • Hope and Opportunity is intended to reduce the number of students who borrow loans to enroll at Forsyth Tech and, therefore, does not consider the loans that a student is eligible for as part of their award package.
      • Hope & Opportunity, therefore, pays for what grants and scholarships do not cover of a student’s tuition, fees, course and lab fees, and textbooks.
      • Receiving Hope & Opportunity will not affect the refund that a student qualifies for from their Pell grant disbursal
  • What EWD programs are eligible for Hope & Opportunity funding?
    • EWD programs currently eligible for scholarship funding are:
      • Activity Director
      • Administrative Assistant
      • Autism Paraprofessional
      • Basic Construction
      • Certified Electronics Health Records Specialist (CEHRS)
      • Culinary Arts Certificate
      • Customer Relations Management in a Call Center
      • Electrical Installation/Troubleshooting
      • Electrical Lineman
      • Emergency Medical Technician (EMT)
      • Facility Maintenance Technician
      • HVAC Service Tech (Levels 1 & 2)
      • Interpreting in Health and Human Services
      • Medical Office 1 – (Terminology and Coding)
      • Medical Office 2 – (Billing/Electronic Medical Records)
      • Medical Unit Secretary
      • Nursing Assistant 1 and 2
      • Pharmacy Assistant
      • Phlebotomy
      • Production Technician Training
      • Telemetry Cardiovascular Technician
      • Veterinary Assistant (Beginning & Advanced)
      • Welding (ARC, MIG, Pipe, Industrial, TIG
  • If a student graduates from a high school licensed to operate in Forsyth County, but is considered out-of-state by the Residency Determination Service, is this student still eligible?
    • Yes
  • Are DACA and undocumented students eligible for Hope & Opportunity?
    • Yes. DACAmented/undocumented students may qualify for Hope & Opportunity
      • DACAmented/undocumented students will be provided with an alternative financial aid application after applying to Forsyth Tech!
  • What scholarship or grant resources are available to Stokes County students or students who are otherwise not eligible for Hope & Opportunity?
    • Students are encouraged to apply for federal financial aid by submitting a FAFSA. Additionally, students are also invited to apply for the many grants and scholarship opportunities to them available through Forsyth Tech or through the state.

 

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